TWMA recycles tens of thousands of tonnes of waste from the drilling industry every year and reclaims many thousands of barrels of oil during the process which are returned to client petroleum companies for reuse.
Our review of the offshore wind turbine foundations market has drawn a response from engineer Roger Taylor, of Inverness, who has developed an innovative foundation and foundation installation concept package that has been previously aired in Energy.
Aberdeen-headquartered PSN (Production Services Network) has won a major North Sea contract believed to be worth about $400million (£330million) initially and which will see its UK workforce grow by about 200, to 3,000.
BP'S NORTH Sea operation continues to be a "hugely significant" part of the energy giant's global business, a centenary celebration in Aberdeen was told last night.
NORWEGIAN oilfield service firms Subsea 7 and Petroleum Geo-Services (PGS) both pointed to signs of a gradual recovery in their sector as they posted third-quarter results yesterday.
The boss of energy service giant Schlumberger said yesterday that provided the global economy continued to show signs of recovery, the worst of the recession was behind.
Aker Solutions reported lower revenue and top-line earnings yesterday for the third quarter of 2009 than a year earlier but said that they were both holding up well in a difficult economic climate.
The founder of an engineering company which diversified successfully from fishing-industry work was named Entrepreneur of the Year last night at the Grampian Awards for Business Enterprise.
DESIRE Petroleum, the UK-listed oil and gas explorer which is 100% focused on the North Falkland Basin, said yesterday it had conditionally placed 60million shares at 70p each to raise £42million before expenses.
Aberdeen-based oil and gas industry inspection and testing specialist Reel Group said yesterday it had won new contracts both internationally and in the UK worth about £500,000 in total.
Project-management specialist 2020 Business Insight is moving into the US with a base in Houston and plans to rapidly build a multimillion-dollar operation.
A skills and training alliance is aiming to significantly increase international energy-industry business for Scottish universities, colleges and training providers.
The UK Government was accused last night of snubbing the offshore industry's pleas for tax breaks and ignoring warnings that thousands of jobs could be lost if North Sea investment dries up.
Dana Petroleum, the Aberdeen-based oil and gas operator, said yesterday it had agreed a deal to acquire a 23% working interest in a huge concession offshore Guinea, in west Africa.
Wood Mackenzie has warned the UK Government to be constantly aware of the investment environment to maximise development of remaining oil and gas reserves.